3 factors that could soon derail the bull market
Investors have been riding this wave to fresh records, but history has shown us that the party could be ending.
These are truly days of wine and roses for stock market investors.
The Fed is threatening to pull the $85 billion per month.
Obamacare is stopping people from hiring. Get a summary of Obamacare and see all of the requirements and new taxes. It is not just what you hear from the news. It is a huge burden.
Also, the only way that the US government is collecting money from individuals for their premiums is through withholding money from their tax refunds. That one will be easy to figure out. Reduce withholding and not pay. This is going to be a financial disaster for the government.
The economy is weak, the market goes down.
The economy is picking up, the fed will wind down, the market goes down.
GET THE PICTURE!!!!!!!!!!!!!!!!
Rumors, by pundits, is another factor that will derail the market.
Let's just hope we can hold out until 2014 and get control of both Congress and the Senate. It is America's only hope.
There is no saving us from Odumbo stupidity. A complete failure both as a person and the other job he has now.
"In fact, this bull market turned four years old in March and is showing no signs of letting up" ?? Closes: 5/29 = (-$106.59), 5/31 = (-$208.96), 6/4 = (-$76.49), today= ( - $188.59) at 1PM. "... no signs of letting up."?? What would be a "sign of letting up"?
Whether or not the economy is doing good or not depends on your own personal situation, I have friends who are doing great and are like "what Recession". I know many others who are just struggling. One of the main differences is that most of the successful people have moved away from this area because the economy is depressed here and found greener pastures elsewhere. I have a friend of mine who was doing Union work, but was always laid-off, he moved down South is making 28$ an hour at a non-union work site which is like half of what he was making, but he is happy because its a lot more than unemployment paid.
Need I say more!!!!!!!!!!!!!
....It appears we are in the midst of a potential 10% correction..........
Everyone will have an opinion on this, however, the lucky guesser will be correct. Nobody knows for sure the future of the market, but it certainly seems to have topped out - at least short term. Good time to short stocks and then buy long once it bottoms out at $13.5k....then back to the races.
"A recovery that is fueled by printing $85 billion each month is not a recovery at all. It is a fool's paradise."
While Washington just stands idle with their collective thumbs jammed up their collective asses....that is what is appalling.
Afew bad days and everybody is afraid of their shadow.This is the time to buy.I think
the reason so many people don`t like Bernanke is because of his beard.
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